Henderson EuroTrust aims to achieve a superior total return from a portfolio of European (excluding the UK) investments where the quality of the business is deemed to be high or significantly improving. HNE has an all-cap mandate but tends to have a bias towards large and medium-sized companies. ESG factors are embedded within the investment process.
Investment Companies |
Flash note
Investment Companies |
Update
Investment Companies |
Review
Investment Companies |
Initiation
Jamie Ross
Fund manager
% | 1M | 3M | 12M |
---|---|---|---|
Actual | 5.4 | 11.9 | 20.3 |
Relative | 2.2 | 9.0 | 12.4 |
52 week high/low | 157.5p/124.5p |
On 14 March, the boards of Henderson European Focus Trust (HEFT) and Henderson EuroTrust (HNE) announced the proposed merger of the two companies to form Henderson European Trust. The resulting enlarged fund will be managed by Janus Henderson Investors’ (JHI’s) European equities team. There will be two co-managers, Tom O’Hara (currently co-lead manager of HEFT) and Jamie Ross (currently lead manager of HNE). While each co-manager has their own expertise, they share a fundamental investment philosophy and are expected to contribute their best ideas to the fund. If successful, the merger is expected to be completed by end June 2024.